Tag : Paxos

Paxos Applauds New York Department of Financial Services on New Guidance on the Issuance of U.S. Dollar-Backed Stablecoins
Finance News

Paxos Applauds New York Department of Financial Services on New Guidance on the Issuance of U.S. Dollar-Backed Stablecoins

Fintech News Desk
by Fintech News Desk0
Paxos was the first Limited Purpose Chartered Trust for Digital Assets from NYDFS in 2015 Paxos, the leading regulated blockchain infrastructure platform, issued the following statement from its CEO and Co-Founder Charles Cascarilla in response to the New York State Department of Financial Services’ (“DFS”) new Regulatory Guidance, setting foundational criteria for USD-backed stablecoins: Latest......
Paxos and State Street Partner to Deliver Reduced Costs and T+0 Settlement in Innovative Pilot
Blockchain News

Paxos and State Street Partner to Deliver Reduced Costs and T+0 Settlement in Innovative Pilot

Fintech News Desk
by Fintech News Desk0
Using Paxos Settlement Service, State Street and Credit Suisse can respond to the SEC request for pathways to T+0 settlement Paxos, the regulated blockchain infrastructure platform, has partnered with State Street, one of the world’s leading providers of financial services to institutional investors, to integrate State Street’s custodial services into the......
Paxos Adds Bank of America, Coinbase Ventures, Founders Fund & FTX to Series D Funding Round
Blockchain Fintech News

Paxos Adds Bank of America, Coinbase Ventures, Founders Fund & FTX to Series D Funding Round

Fintech News Desk
by Fintech News Desk0
Paxos, the first regulated blockchain infrastructure platform, announced it has added strategic investors including Bank of America, Coinbase Ventures, Founders Fund and FTX to its Series D round of funding. This follows the initial announcement of $300 million in Series D funding on April 29, 2021, led by Oak HC/FT with participation from previous......
Paxos Launches Paxos Settlement Service for Commodities and Achieves Simultaneous Settlement for Multiple Counterparties
Blockchain News

Paxos Launches Paxos Settlement Service for Commodities and Achieves Simultaneous Settlement for Multiple Counterparties

Fintech News Desk
by Fintech News Desk0
Paxos, the first regulated blockchain infrastructure platform, announced it has launched the Paxos Settlement Service for commodities. Paxos now facilitates the simultaneous settlement of cash and commodities trades, a first in the precious metals market. It delivers zero-risk settlement for commodities market participants with fully automated delivery versus payment (DVP)......
Paxos Adds Patricia Kemp And Scott Malpass To Its Board Of Directors
Finance Fintech News

Paxos Adds Patricia Kemp And Scott Malpass To Its Board Of Directors

Fintech News Desk
by Fintech News Desk0
Paxos, the first regulated blockchain infrastructure platform, announced it has added Patricia Kemp, Co-Founder and Managing Partner of Oak HC/FT, and Scott Malpass, former Vice President and Chief Investment Officer of the University of Notre Dame, to its Board of Directors. As seasoned executives in the financial services industry with significant expertise......
Paxos Raises $142 Million in Series C Funding
Blockchain Fintech Fintech Funding News

Paxos Raises $142 Million in Series C Funding

Fintech News Desk
by Fintech News Desk0
Paxos has raised $240 million total, making it a top funded blockchain company Paxos will continue to grow and expand its financial market infrastructure platform Paxos, the first regulated blockchain infrastructure platform, today announced it has closed a $142 million Series C round of funding. Declaration Partners, the investment firm backed by the......
Paxos Raises $142 Million in Series C Funding
Cryptocurrency Fintech News

Paxos Introduces Paxos Crypto Brokerage Service to Power Digital Asset Buying and Selling in Any Product

Fintech News Desk
by Fintech News Desk0
Revolut US is First Customer to use Paxos Crypto Brokerage Paxos Trust Company, the regulated financial institution that digitizes and mobilizes assets, introduced Paxos Crypto Brokerage, a new product offering that enables companies to integrate cryptocurrency buying, selling, holding and sending capabilities into their own applications. Paxos Crypto Brokerage is......
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